Coverstack Technologies Profile
Key Indicators
- Authorised Capital ₹ 3.75 M
as on 02-01-2025
- Paid Up Capital ₹ 0.98 M
as on 02-01-2025
- Company Age 14 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 22.95 Cr
as on 02-01-2025
- Satisfied Charges ₹ 23.15 Cr
as on 02-01-2025
- Revenue -69.45%
(FY 2022)
- Profit 50.28%
(FY 2022)
- Ebitda -276.80%
(FY 2022)
- Net Worth 38.34%
(FY 2022)
- Total Assets 23.41%
(FY 2022)
About Coverstack Technologies
The Corporate was formerly known as Glitterbug Technologies Private Limited. The Company is engaged in the Information Technology Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 3.75 M and a paid-up capital of Rs 0.98 M.
The company currently has active open charges totaling ₹22.95 Cr. The company has closed loans amounting to ₹23.15 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Coverstack Technologies Private Limited India is Sanjib Jha as CEO. Sanjib Jha and Rahul Bhapkar serve as directors at the Company.
- CIN/LLPIN
U72200MH2010PTC210076
- Company No.
210076
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
15 Nov 2010
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media
Who are the key members and board of directors at Coverstack Technologies?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sanjib Jha | CEO | 01-Apr-2021 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rahul Bhapkar  | Director | 01-Oct-2021 | Current |
| Sanjib Jha | Director | 21-Aug-2020 | Current |
Financial Performance of Coverstack Technologies.
Coverstack Technologies Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 69.45% decrease. The company also saw a substantial improvement in profitability, with a 50.28% increase in profit. The company's net worth Soared by an impressive increase of 38.34%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Coverstack Technologies?
In 2022, Coverstack Technologies had a public holding of 100.00%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Charges (Loans)
₹229.50 M
₹231.50 M
Charges Breakdown by Lending Institutions
- Others : 22.95 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Aug 2024 | Others | ₹3.00 Cr | Open |
| 27 Jul 2024 | Others | ₹2.00 Cr | Open |
| 25 Jun 2024 | Others | ₹5.00 M | Open |
| 27 May 2024 | Others | ₹15.00 Cr | Open |
| 22 Apr 2024 | Others | ₹2.18 Cr | Open |
How Many Employees Work at Coverstack Technologies?
Unlock and access historical data on people associated with Coverstack Technologies, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Coverstack Technologies, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Coverstack Technologies's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
